§ 404
Chapter XIX — Collection And Recovery Of Tax
Conditions of liability to pay advance tax
Income-tax Act, 2025
✍️ A plain-language summary of this section is being prepared. Below is the official text.
📜 Official text
404. Advance tax shall be payable by the assessee during a financial year, where
the amount of such tax payable during that year, as computed under this Part,
is ` 10000 or more.
Computation of advance tax.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.